RETRANSMISSION: HIVE Blockchain Announces Commercial Deployment of the HIVE BuzzMiner powered by the Intel Blockscale ASIC
This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated September 2, 2022 to its amended and restated short form base shelf prospectus dated January 4, 2022.
- Vancouver, British Columbia--(Newsfile Corp. - January 13, 2023) - HIVE Blockchain Technologies Ltd. (TSXV: HIVE) (Nasdaq: HIVE) (FSE: HBFA) (the "Company" or "HIVE") is extremely pleased to announce its commercial deployment of the HIVE BuzzMiner powered by the Intel Blockscale ASIC, after months of planning, engineering development, implementing factory QA processes, field testing and global collaboration.
- We are proud that our contributions to securing the Bitcoin network can now include the HIVE BuzzMiner."
- Aydin Kilic, President & COO of HIVE, added, "The HIVE BuzzMiner is a high quality and robust machine and we are very pleased with the finished product.
- The Company notes that earlier projections of over 1 Exahash were based on total ASIC allocation of Blockscale chips with Intel to produce 13,000 HIVE BuzzMiners.